Word: freighting
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Dates: during 1950-1959
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...Sylphides. In Winnipeg, after he quit as ballet master of the Royal Winnipeg Ballet because a danseuse was given too much authority, Nenad Lhotka got a job in the city's railway sheds, observed that lifting freight is "nothing compared to some of those ballerinas...
...FREIGHT RATES will go up for second time in year if railroads have their way. After getting 6% rate hike from Interstate Commerce Commission last March, roads want another 15% boost to improve and maintain equipment in face of rising costs. Cost to shippers, if ICC approves increase: about $1 billion annually...
...even Texas tall talk can exaggerate the waterway's real importance. Enormous industries today stand bound together by a water highway carrying 41 million tons of freight some 7 billion ton-miles annually-more tonnage over a greater distance than either the Kiel or the Panama Canal. Touching every major Gulf port, it has helped boost New Orleans into the nation's No. 2 seaport, transformed Houston from an inland city into one of the busiest U.S. ports, handling $500 million worth of waterway cargo alone last year, including everything from autos to seashells. The waterway has also...
Thus far each of the roads has been able to go it alone. The Erie, biggest of the three (2,338 miles), picked up enough revenue carting freight between the Great Lakes and the Eastern industrial area to turn a $7,900,000 profit last year, expects a 10% boost this year. The small (792 miles) D. & H. is also in good shape; through the Delaware & Hudson holding company it picked up 34% of its traffic, mostly from its own coal mines, netted $8,900,000 last year on a gross of $76.9 million. Only the 962-mile Lackawanna...
...along sizable sections of track, could save millions in maintenance and tax charges by abandoning some sections, downgrading others. Since all three are dieselized, they would need less equipment, could shift engines from one section to another as traffic demanded, could also combine many duplicating services, from secretaries to freight yards...